AGENCE FRANCE-PRESSE

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THE HAGUE: Financial activities that today are clustered in London will migrate to other European countries post-Brexit, but there will be no single hub to replace the City, senior EU figure Jeroen Dijsselbloem said. “I expect there will be a lot of movement,” Dijsselbloem — Dutch finance minister and president…

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WASHINGTON: There is little room for doubt that the US Federal Reserve will raise the benchmark interest rate in the coming week for only the second time in a decade. With unemployment at a nine-year low, jobs being created at an average of 180,000 per month, the economy growing at…

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SEOUL: South Korea’s finance minister vowed Sunday to keep Asia’s fourth-largest economy “strong and stable” after a decision by lawmakers to impeach President Park Geun-Hye threatened to hurt growth. Yoo Il-Ho’s comments came after parliament voted Friday to impeach Park, stripping away her executive powers over an influence-peddling scandal and…

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NEW YORK: After eight years of unrelenting scrutiny and billions of dollars in legal settlements, the banking industry suddenly is facing a more hospitable political climate in Washington next year. Prior to November 8, Wall Street had been girding for a potential Democratic victory that would have empowered progressive firebrands…

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OMAHA, US: Champion Terence Crawford easily defended his WBO and WBC belts by stopping brawler John Molina in the eighth round of their junior welterweight title fight on Saturday (Sunday in Manila). Crawford dominated the fight from the opening bell landing precision head shots and bruising body blows through the…

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MADRID: Real Madrid captain Sergio Ramos produced more late drama by powering home a stoppage-time winner to beat Deportivo la Coruna 3-2 as the European champions set a new club record of 35 games unbeaten in all competitions. Two goals in two minutes from Joselu just after the hour mark…

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PARIS: Come 8 p.m. (1900 GMT) on Monday, what looks to be a poorly kept secret will officially be out — Cristiano Ronaldo will bag his fourth Ballon d’Or as the world’s top footballer. The Real Madrid and Portugal star won the Champions League for the second time in three…

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BEIJING: China has slammed Tokyo for targeting its military aircraft with “decoy flares” over a waterway near Japan, calling the actions “dangerous and unprofessional”. Two Japanese F-15s fired the projectiles as the Chinese planes passed through the Miyako Strait between Japan’s Miyako and Okinawa Islands, the defense ministry said in…

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ROME: Italian President Sergio Mattarella indicated Saturday he would move swiftly to appoint a new government, saying the country had pressing issues to address following Prime Minister Matteo Renzi’s resignation. In comments that came against the backdrop of a looming banking crisis, Mattarella said the country needed a “fully functioning…

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ISTANBUL: Twenty-nine people, mainly police, were killed and 166 wounded in Istanbul on Saturday when twin bombings struck the heart of the city close to the stadium of top flight football giants Besiktas after a major game. A car bomb detonated outside the Vodafone Arena football stadium on the shores…